5 Business 'Black Holes' Draining Your Time, Culture, and Profit

Описание: Some black holes aren’t light-years away—they’re hiding inside your firm.

In this episode of Breaking BizDev, John Tyreman and Mark Wainwright break down the business black holes that quietly drain time, energy, and profitability inside professional services firms. These aren’t obvious problems. They’re accepted norms that feel productive but actively work against growth.

You’ll learn why common practices like tracking utilization, bloated internal meetings, hourly billing, shiny object syndrome, and even social media can become gravitational forces pulling your firm off course. In this episode, you'll learn:

• Why utilization measures activity—not impact
• How meeting bloat quietly consumes leadership capacity
• The illusion of productivity created by shiny new tools
• Why hourly billing rates cap growth and punish expertise
• How social media becomes a time sink instead of a growth lever
• What to refocus on if you want real leverage and scalability

If your firm feels busy but stalled, this episode will help you identify what’s actually holding you back—and how to escape the pull.

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CHAPTERS:
00:00 Welcome
02:15 Black Hole 1 - Utilization
08:55 Black Hole 2 - Meeting Bloat
12:44 Black Hole 3 - Shiny Object Syndrome
17:30 Black Hole 4 - The Hourly Billing Rate
25:36 Black Hole 5 - Social Media
28:44 Conclusion and Key Takeaways

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